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Re: None

Wednesday, 09/18/2019 8:56:38 AM

Wednesday, September 18, 2019 8:56:38 AM

Post# of 527
Does anyone's trading account depict a split for SUNWW shares? My Ameritrade account does not . . . I emailed Rob Fink the night prior to the SUNW reverse split and he indicated that

All options, warrants and stock awards outstanding immediately prior to the reverse stock split will be adjusted accordingly

However, the SUNWW warrants are not traded on the NASDAQ (pink sheets) so there may not be a central exchange that is tasked with managing the amount of shares in the event of a split, etc. But there has to be some mechanism to do so, right?

Maybe everyone has just written them off at this point and doesn't care but there is a chance that they will be in the money soon if the underlying SUNW price rises significantly from current levels. At this point, very few could afford to actually convert the warrants to real shares at the 7x quantity currently and artificially reflected in our accounts. If this is just an Ameritrade issue then I will contact them but assume that everyone else is in the same boat?

Never argue with a fool, onlookers may not be able to tell the difference. - Mark Twain

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